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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Computation of Earnings (Loss) Per Common Share Attributable to Unisys Corporation
The following table shows how earnings (loss) per share attributable to Unisys Corporation was computed for the three and six months ended June 30, 2018 and 2017 (shares in thousands):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2018
 
2017
 
2018
 
2017
Basic earnings (loss) per common share computation:
 
 
 
 
 
 
 
 
Net income (loss) attributable to Unisys Corporation
 
$
3.8

 
$
(42.0
)
 
$
44.4

 
$
(74.7
)
Weighted average shares
 
50,986

 
50,437

 
50,867

 
50,346

Basic earnings (loss) per common share
 
$
0.07

 
$
(0.83
)
 
$
0.87

 
$
(1.48
)
Diluted earnings (loss) per common share computation:
 
 
 
 
 
 
 
 
Net income (loss) attributable to Unisys Corporation
 
$
3.8

 
$
(42.0
)
 
$
44.4

 
$
(74.7
)
Add interest expense on convertible senior notes, net of tax of zero
 

 

 
9.7

 

Net income (loss) attributable to Unisys Corporation for diluted earnings per share
 
$
3.8

 
$
(42.0
)
 
$
54.1

 
$
(74.7
)
Weighted average shares
 
50,986

 
50,437

 
50,867

 
50,346

Plus incremental shares from assumed conversions:
 
 
 
 
 
 
 
 
Employee stock plans
 
412

 

 
370

 

Convertible senior notes
 

 

 
21,868

 

Adjusted weighted average shares
 
51,398

 
50,437

 
73,105

 
50,346

Diluted earnings (loss) per common share
 
$
0.07

 
$
(0.83
)
 
$
0.74

 
$
(1.48
)
 
 
 
 
 
 
 
 
 
Anti-dilutive weighted-average stock options and restricted stock units(i)
 
1,430

 
2,242

 
1,562

 
3,517

Anti-dilutive weighted-average common shares issuable upon conversion of the 5.50% convertible senior notes(i)
 
21,868

 
21,868

 

 
21,868

(i) 
Amounts represent shares excluded from the computation of diluted earnings per share, as their effect, if included, would have been anti-dilutive for the periods presented.